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50 Pfennig

Issuer Magistrat der Stadt Waldenburg i/Schl.
Year 1920
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Protection type Watermark
Protection description Wmk: Verschlungene Quadrate (interlaced squares pattern)
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Comments

Waldenburg — now Wałbrzych — was a coal-mining town in Lower Silesia, and its municipal notgeld issues of 1920 reflect the acute small-change famine that followed Germany's postwar economic dislocation. Carl Flemming & T. C. Wiskott in Glogau was a well-regarded regional printer responsible for a significant share of Silesian emergency currency during this period. The watermark security feature is unusually conscientious for a municipal scrip of this denomination — most towns at this level simply didn't bother.

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